Dow stock market

Adam Shell USA TODAY Published 7:01 AM EST Jan 7, 2019 If anyone understands how bear markets and plunging stock prices can upend a sense of calm and financial well-being, it’s me. I’ve spent the past 19 years at USA TODAY reporting and writing about the unpredictable Dow Jones industrial average’s good and bad days. And even though the Dow was rising and in a bull market for 15 of those years, the best lessons I learned about investing – and about myself and the way my brain and psyche react to violent market swings -- came when stocks were going down. Today is my last day writing about Wall Street at USA TODAY after voluntarily accepting an early retirement package from the newspaper’s parent, Gannett. In my final column, I'll share what I’ve learned about the market and personal finance since my first day here. In a two-decade run as a stock market reporter, “the market” has been my friend, but also an … [Read more...] about Dow: Stock market lessons from veteran reporter who covered two bears

Ken Fisher Special to USA TODAY Published 7:01 AM EST Dec 30, 2018 I was way too optimistic in 2018. That makes me even more optimistic for what's ahead. When most folks expect bad times, stocks usually shine the following year. I see stocks rising 15 to 25 percent or more in 2019. Scan your phone’s news feed. See anything good? Or mostly scary stuff? I see primarily bad economic news and market predictions —- warnings to avoid a nasty downturn —and recession forecasts. Whenever you’re in a recession, and it’s widely recognized, stocks always rise. Sounds weird! But stocks are a leading indicator. They tumble before recessions start, then rebound while the economy keeps sinking. And the aftermath of their bad returns is strong returns. My December 17 column detailed how after corrections, when stocks fall 10 percent to nearly 20 percent from a recent high, the returns during the next 12 months average 34 percent before … [Read more...] about Dow: Stock market outlook 2019

Adam Shell USA TODAY Published 11:57 p.m. UTC Aug 15, 2018 Just as the bull market for stocks is set to become the longest in history, U.S. investors are confronted with another crisis from a far corner of the world. What's giving Wall Street the jitters this time is Turkey's plunging currency, which is down about 40 percent this year against the dollar. Despite a brief respite and nearly 8 percent rebound Tuesday, the Turkish lira's free fall is causing acute economic pain in that country's economy, the world's 17th largest, and sowing fears that Turkey's woes will spread to other countries. Those concerns are already undermining confidence in global financial markets and causing asset prices to fall, especially in emerging markets and Europe. The damage has been more muted in the U.S., however, where the Dow Jones industrial average rose 112 points Tuesday, making up some of the ground lost the prior two trading days, … [Read more...] about Turkey currency crisis: What it means for stock market and 401(k)s

Stock markets largely rose on Wednesday, tracking an overnight Wall Street rally after the Federal Reserve chief expressed confidence in the US economy despite global trade war fears. In foreign exchange, the pound slid to a 2018 low at $1.3010 on slightly receding prospects of a UK interest-rate hike next month after British inflation undershot expectations. "It seems every time the Bank of England peers through an open window of opportunity to lift UK rates, economic and political headwinds blow it shut again," traders London Capital Group said in a client note. The pound has taken a knock this week also from uncertainty surrounding the future of British Prime Minister Theresa May as she struggles to unite a divided Conservative Party over the government's Brexit strategy. Across the Atlantic, Fed chief Jerome Powell on Tuesday offered a positive US outlook, citing a strong job market and inflation figures in line with the central bank's targets, sending stocks higher. "Powell's … [Read more...] about Stock markets rise on US confidence boost

Global stock markets have suffered more turbulence as investors reacted to mixed signals on global trade tensions.The S&P 500 erased an early-morning rise to drop to its lowest closing level in nearly a month.One of the day's few market certainties was oil's continued rise, and benchmark US crude hit its highest price since 2014.That helped lift energy stocks but other areas of the market went up and down as the day progressed.Early on, Asian stocks slumped on concerns about the sometimes heated talk on trade that has been ongoing between the United States and its partners.European stocks later flipped from losses to gains on hopes that a move by the Trump administration indicated a less combative stance with China.US stocks opened higher, but the gains evaporated after a White House adviser said the move was not necessarily a signal of a softer stance.By the end of the day, the S&P 500 fell 23.43 points, or 0.9%, to 2,699.63 after earlier being up as much as 0.8%.The Dow Jones … [Read more...] about Global stock markets suffer turbulence amid mixed signals on trade